Brazil will need alternative wheat sources because Argentina, its traditional supplier, is facing a serious crop insufficiency as a result of a serious drought that has curtailed production and compromised export volumes. Market analysts expect Brazil will thus have to look for supplies in potential providers such as the United States, Canada and even Russia.
Argentine President Alberto Fernández met in Sao Paulo Monday afternoon with Brazil's President-elect Luiz Inácio Lula Da Silva to celebrate the latter's victory in Sunday's runoff.
Former president Luiz Inácio Lula da Silva will return to power in Brazil for the third time after defeating incumbent head of State Jair Bolsonaro in the ballot by a very narrow margin, reflecting a huge division in the South American giant.
Brazilian President Jair Bolsonaro was nowhere to be found Sunday evening after his loss to the former head of state Luiz Inácio Lula Da Silva was confirmed by the Superior Electoral Court (TSE).
United Kingdom's new Prime Minister, Rishi Sunak, congratulated elected-president Luiz Inacio Lula da Silva on his victory in Brazil's election against incumbent president Jair Bolsonaro, saying he looked forward to coordinating on issues including protecting the planet's natural resources.
Former Brazilian President Luiz Inácio Lula Da Silva (2003-2010), who for elected Sunday for a third term in office starting Jan 1, 2023, said in his victory speech that he would run the country for all Brazilians, not just those who voted for him.
Brazil's Superior Electoral Court (TSE) Friday authorized the deployment of federal troops to 165 more cities for next Sunday's presidential runoff pitting the incumbent Jair Bolsonaro against the former head of state Luiz Inácio Lula Da Silva. The TSE had already authorized troops to be sent to another 80 cities.
Brazil's two contenders for Sunday's runoff, incumbent President Jair Bolsonaro and former head of state Luiz Inácio Lula Da Silva, Friday engaged in a bitter and tense TV debate closing their campaigns.
Climate variability and excessive rainfall have delayed the planting of Brazil’s 2022/2023 soy crop, which reached 34% of the estimated area, against 24% in the previous week and 38% in the same period last year, according to a survey by AgRural released this week.
he Brazilian Social Development Bank (BNDES) will finance the construction of a fertilizer factory and accessory storage facilities in Paranaguá for an estimated US$ 15 million.